US Foods(US:USFD)2025-11-06 14:00Financial Performance - Total case volume increased by 1.1% for Q3 2025 and 1.0% year-to-date [8, 39] - Net sales grew by 4.8% to $10.191 billion for Q3 2025 and 4.4% to $29.624 billion year-to-date [8, 39] - Adjusted EBITDA increased by 11.0% to $505 million for Q3 2025 and 10.9% to $1.442 billion year-to-date [8, 39] - Adjusted EBITDA margin expanded by 28 bps to 5.0% for Q3 2025 and 29 bps to 4.9% year-to-date [8, 39] - Adjusted Diluted EPS grew by 25.9% to $1.07 for Q3 2025 and 26.7% to $2.94 year-to-date [8, 39] Strategic Initiatives and Growth - Independent Restaurant volume growth accelerated by 120 basis points to 3.9% [11] - Pronto business is on track to deliver approximately $950 million in sales this year and more than $1 billion run-rate by year-end [30] - The company is onboarding more than $100 million in annualized new business wins in Healthcare and Hospitality for the balance of 2025 [30] Cash Flow and Capital Allocation - Operating cash flow reached $1.076 billion year-to-date [44] - Approximately $335 million of shares were repurchased in Q3 [44, 64] - Net leverage stood at 2.6x, remaining within the target range of 2.0x - 3.0x [44, 64]